Ocean Park / Baylake Beach median real estate price is $561,609, which is more expensive than 73.1% of the neighborhoods in Virginia and 75.8% of the neighborhoods in the U.S.
The average rental price in Ocean Park / Baylake Beach is currently $3,100, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.2% of the neighborhoods in Virginia.
Ocean Park / Baylake Beach is a suburban neighborhood (based on population density) located in Virginia Beach, Virginia. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Ocean Park / Baylake Beach real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Ocean Park / Baylake Beach neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Real estate vacancies in Ocean Park / Baylake Beach are 6.0%, which is lower than one will find in 61.4% of American neighborhoods. Demand for real estate in Ocean Park / Baylake Beach is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Virginia Beach, the Ocean Park / Baylake Beach neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Ocean Park / Baylake Beach is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Ocean Park / Baylake Beach is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, if you love row houses and attached homes, you will probably really like the Ocean Park / Baylake Beach neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 59.4% of the residential real estate here is classified as row houses and attached homes.
In a nation where 1 out of every 4 children lives in poverty, the Ocean Park / Baylake Beach neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, divorcees may find friendship and understanding in this neighborhood, as 20.4% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 95.8% of the neighborhoods in America.
Also, if you're nearing retirement age, or in retirement, the Ocean Park / Baylake Beach is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 5.9% of retiree-friendly neighborhoods in Virginia, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in Virginia. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for urban sophisticates.
With 3.3% of employed workers living in the Ocean Park / Baylake Beach neighborhood active in the military, this neighborhood has the distinction of having a higher proportion of people in the military than 98.0% of American neighborhoods. This is a major shaper of the neighborhood's culture and character.
Did you know that the Ocean Park / Baylake Beach neighborhood has more British and Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.1% of this neighborhood's residents have British ancestry and 23.8% have Irish ancestry.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Ocean Park / Baylake Beach neighborhood in Virginia Beach are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 86.1% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the Ocean Park / Baylake Beach neighborhood, 57.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 23.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.0%), and 8.4% in manufacturing and laborer occupations.
The most common language spoken in the Ocean Park / Baylake Beach neighborhood is English, spoken by 98.6% of households. Some people also speak Italian (3.2%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Ocean Park / Baylake Beach neighborhood in Virginia Beach, VA, residents most commonly identify their ethnicity or ancestry as German (27.1%). There are also a number of people of Irish ancestry (23.8%), and residents who report English roots (15.4%), and some of the residents are also of Italian ancestry (6.5%), along with some Polish ancestry residents (4.1%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Ocean Park / Baylake Beach neighborhood spend between 15 and 30 minutes commuting one-way to work (33.0% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (75.2%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (10.6%) and 6.5% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.